CPI Is Lying To You. $8 Trillion Says So

The article argues that CPI measurements underestimate true inflation by not accounting for monetary expansion that inflates asset prices rather than consumer goods. Since January 2020, approximately $8 trillion in new M2 money supply has been created, with the gap between M2 growth (24.5% in 2020) and CPI (1.2%) flowing into housing and equity valuations rather than being captured by traditional inflation metrics.